Ashish Mangal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
DYCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ashish Mangal, who appears to be associated with the promoter group of Dynamic Cables Limited, has submitted a disclosure to the exchange under Regulation 31(4) of the SEBI Takeover Regulations, 2011. This regulation requires promoters and persons acting in concert to declare that they are compliant with the creeping acquisition limits, meaning they have not bought additional shares beyond the permitted thresholds without making a mandatory open offer to public shareholders. No details of any specific share acquisition, sale, or change in holdings are mentioned in the headline.
This is a routine regulatory compliance filing and does not, by itself, indicate any change in promoter shareholding or a new acquisition. Shareholders do not need to take any action, and there is no direct impact on stock price or ownership structure from this disclosure.